Lot 1677
1854 $1 Gold Indian. NGC graded MS-62. Original golden mint luster. Both sides are saturated in pleasing copper-gold brilliance that accentuates the ample remaining luster. Mathematically exact standards seen in the sharp feathered headdress and most of the wreath as well. A lovely little coin. Upon receiving his post to Mint Director in 1853, Colonel James R. Snowden readied plans to modify the gold dollar that James B. Longacre had executed in 1849. To this end, Longacre increased the diameter of the denomination from 13 to 15 millimeters and reduced the thickness proportionately. At the same time, he seized upon the opportunity to redesign both the obverse and reverse devices. The chief engraver altered the gold dollar's resemblance to the double eagle when he utilized his replica of the marble Venus Accroupie from the three dollar gold piece. 783,943 coins minted.
Estimated Value $3,000 - 3,300.
The Greenhill Collection.
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| Realized $3,450 |
